Financial Support / Student Finance

Financial Support / Student Finance

Full-time Student Financial Support 2019/2020

The information contained in this section is for guidance only as circumstances may change.Student Finance England on 0300 100 0607 or visit www.gov.uk/student-finance

Tuition Fees

Tuition Fees for full-time students at St Mary’s College will be charged at £6,165 or under per year, depending on which degree you are taking. Please see the table listed below for a guide on the tuition fees for each of our Higher Education degree courses:

Course Type

Partnership

Tuition Fee

Foundation Degree

St Mary’s College and UCLan

£6000 (The fee payable in year 2 may rise approximately in line with inflation)

Undergraduate Degree

St Mary’s College and Liverpool Hope university

£6165 (The fees payable in year 2 and year 3 may rise approximately in line with inflation)

Masters

St Mary’s College and Liverpool Hope University

Full time – £5200

Part time – £2600 (Year 1) & £2600 (Year 2) (The fees payable in year 2 may rise approximately in line with inflation)

Undergraduate Student Finance

You don’t have to pay your tuition fees up front, you can choose to defer payment until after you graduate by taking out a tuition fee loan. This means that the Student Loans Company pays the College your tuition fee while you are studying, and you repay this money as part of your student loan after you graduate.

The money for both tuition fees and maintenance loans comes from the government via the Student Loans Company and does not have to be repaid until you have completed your course, and you are earning over £25,725 per year (England & Wales). In NI and Scotland repayments start once you are earning over £18,935 per year.

Please note that the College reserves the right to increase Home and EU Undergraduate a tuition fees in line with any inflationary or other increase authorised by the Secretary of State for future years of study.

REPAYMENT EXAMPLES

Annual Gross Income

Gross Monthly Income

Monthly Repayments

Up to £25,725

£0

£30,725

£2,500

£67.50

£35,725

£2,917

£105

£40,725

£3,333

£142.50

£45,725

£3,750

£180

Postgraduate Student Finance

Funding through Student Finance England will be available for those wishing to take the full Masters qualification via the new £10,000 Postgraduate Loan Scheme (PGL). The Postgraduate Loan will not be available to students topping up their qualification from a Postgraduate Certificate or Diploma to a full Master’s Degree.

Postgraduate Loan for Masters Study

The government has introduced a loan system for master degrees in the UK. The loan of up to £10,906 is non means-tested and is paid directly to you to be used towards your tuition and living costs. If you are studying your postgraduate degree part-time, you will receive half of the loan in your first year and half in the second. There are a number of eligibility criteria:

You must be under the age of 60 and studying a postgraduate degree either full-time, part-time, or on a distance learning plan

You must be a UK/EU resident

You are not eligible to receive the loan if you already have a postgraduate degree

You are not eligible to receive the loan if you are topping up your postgraduate qualification from a diploma to a full masters

You are not eligible to receive the loan if you are eligible for the healthcare bursary or are in receipt of a social work bursary from any of the following: National Health Service (NHS), Department of Health, Social Services and Public Safety (DHSSPS), Student Award Agency Scotland (SAAS). However, you are not awarded a Social Work Bursary after applying for one, you may apply for the postgraduate loan.